China: Slower 2Q26 growth outlook – UOB
UOB’s Ho Woei Chen notes that China’s May PMIs point to softer 2Q26 GDP growth, with manufacturing hovering at the expansion threshold and services rebounding only modestly. The economist expects China’s GDP to slow to 4.7% year-on-year in 2Q26 from 5.0% in 1Q26, keeping the…